Vasalba: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Vasalba
Largest movements
- Receivables within one year +€3,094
up €3,094 (+2.5%), from €123,402 to €126,495
of which Trade receivables: +€18,285
- Short-term financial debts +€25,108
up €25,108 (+791.9%), from €3,171 to €28,279
- Trade debts -€16,489
no longer reported in 2025 (was €16,489)
- Other debts -€5,000
no longer reported in 2025 (was €5,000)
- Profit (loss) carried forward -€1,367
down €1,367 (-1.6%), from €86,023 to €84,656
- Taxes -€6,699
down €6,699 (-82.8%), from €8,087 to €1,388
- Gross operating margin +€2,164
up €2,164 (+88.1%), from €2,455 to €4,619
- Financial income +€1,820
up €1,820 (+84.8%), from €2,146 to €3,966
- Financial charges -€273
down €273 (-5.2%), from €5,234 to €4,962
- Depreciation +€217
up €217 (+135.5%), from €160 to €377
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €124,667 | €127,383 | +€2,716 | +2.2% |
| Fixed assets | 21/28 | €1,265 | €888 | -€377 | -29.8% |
| Tangible fixed assets | 22/27 | €972 | €595 | -€377 | -38.8% |
| Furniture and vehicles | 24 | €972 | €595 | -€377 | -38.8% |
| Financial fixed assets | 28 | €293 | €293 | = | 0.0% |
| Current assets | 29/58 | €123,402 | €126,495 | +€3,094 | +2.5% |
| Amounts receivable within one year | 40/41 | €123,402 | €126,495 | +€3,094 | +2.5% |
| Trade receivables | 40 | €48,458 | €66,743 | +€18,285 | +37.7% |
| Other amounts receivable | 41 | €74,944 | €59,753 | -€15,191 | -20.3% |
| Total equity and liabilities | 10/49 | €124,667 | €127,383 | +€2,716 | +2.2% |
| Equity | 10/15 | €99,083 | €97,716 | -€1,367 | -1.4% |
| Contributions | 10/11 | €11,200 | €11,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €86,023 | €84,656 | -€1,367 | -1.6% |
| Amounts payable | 17/49 | €25,584 | €29,667 | +€4,083 | +16.0% |
| Amounts payable within one year | 42/48 | €25,584 | €29,667 | +€4,083 | +16.0% |
| Financial debts | 43 | €3,171 | €28,279 | +€25,108 | +791.9% |
| Credit institutions | 430/8 | €3,171 | €28,279 | +€25,108 | +791.9% |
| Trade debts | 44 | €16,489 | - | -€16,489 | |
| Suppliers | 440/4 | €16,489 | - | -€16,489 | |
| Taxes, remuneration and social security | 45 | €925 | €1,388 | +€463 | +50.1% |
| Taxes | 450/3 | €925 | €1,388 | +€463 | +50.1% |
| Other amounts payable | 47/48 | €5,000 | - | -€5,000 | |
| Remuneration, social security and pensions | 62 | €199 | - | -€199 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €160 | €377 | +€217 | +135.5% |
| Other operating charges | 640/8 | €3,441 | €3,224 | -€217 | -6.3% |
| Gross operating margin | 9900 | €2,455 | €4,619 | +€2,164 | +88.1% |
| Operating profit (loss) | 9901 | -€1,345 | €1,017 | +€2,363 | |
| Financial income | 75/76B | €2,146 | €3,966 | +€1,820 | +84.8% |
| Recurring financial income | 75 | €2,146 | €3,966 | +€1,820 | +84.8% |
| Financial charges | 65/66B | €5,234 | €4,962 | -€273 | -5.2% |
| Recurring financial charges | 65 | €5,234 | €4,962 | -€273 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,434 | €21 | +€4,455 | |
| Income taxes | 67/77 | €8,087 | €1,388 | -€6,699 | -82.8% |
| Profit (loss) for the period | 9904 | -€12,521 | -€1,367 | +€11,154 | +89.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,521 | -€1,367 | +€11,154 | +89.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.